Gamma Resources ups non-brokered private placement to $1.75 million

Reuters2026/08/28 23:15

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Gamma Resources lifted its non-brokered private placement target to gross proceeds of up to $1.75 million.
Offering terms: up to 21,875,000 units at $0.08 per unit; each unit includes one common share, one warrant.
Warrants carry a $0.12 exercise price, expire 36 months from closing; first tranche warrants run to Aug. 28, 2029.
First tranche closed at $872,500 via 10,906,250 units; second tranche expected shortly, subject to TSXV acceptance.
Net proceeds earmarked for exploration at Mesa Arc in New Mexico, Green River in Utah, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gamma Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608281915ACCESSWRNAPR_____1214334) on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gamma Resources ups non-brokered private placement to $1.75 million

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